COMPANY OVERVIEW
Headquartered in Williamsville, NY, Clover Capital is focused on investment in the active adult sub-asset class. We pride ourselves on delivering best in class performance for the long term success of our partners. We aim to deliver the highest competitive investment performance possible with exceptional quality of services.
- 33 years Real Estate Investment, Development & Management Experience
- +$1.4B Assets Under Management
- +$1.0B in Apartment projects developed
- 220+ Employees
- 97% Portfolio Occupancy
We continuously refine our strategy, constantly studying geographic markets of focus, we utilize our deep industry relationships to generate deal flow. Newly-sourced opportunities move quickly through a rigorous and detail-oriented process of underwriting and valuation. For the select few transactions that make it through due diligence, we leverage our industry leading development expertise matched with our best-in-class property management platform (97% portfolio occupancy) and asset- centric approach to drive the property’s business plan and maximize value for all stakeholders.
Meet Our Management Team
Michael Joseph
Co-founder
Managing Partner
Since mid-1989, Mr. Joseph has purchased and/or developed over 10,000 apartment units and over 800,000 square feet of commercial space, totaling more than $1.5 billion located in Indiana, Kentucky, Michigan, Missouri, New York, North Carolina, Ohio, and Pennsylvania.
Additional experience: From 1982-1989, Michael led the Real Estate Finance department at Mabon, Nugent and Co. that arranged or participated in over $400 million of real estate financing and performed a wide range of advisory services including mortgage financing, syndication and other real estate investments.
Leonard Stokes
Co-founder
Managing Partner
Since 2010, Mr. Stokes has managed/self performed over $500M construction/development work in Ohio, Kentucky, Indiana and Tennessee. Sectors include Higher Ed, Healthcare, Commercial, Residential, Student Housing, Industrial, Mixed Use, Retail, Sports, Green Building, Government.
Partners/Clients: Turner Construction, Messer Construction, HGC Construction, Brasfield & Gorrie, Children’s Hospital, Duke Energy, 3CDC, Toyota, National Guard, United States Air Force, First Financial Bank.
